A loan of $925 helped a member to buy fish.


Nyetaa Group's story

The Nyetaa Group consists of four women, all of whom are married and living in monogamous relationships. They have an average age of 29 and an average of three children each. They live in the Djaka (Kirango) neighborhood in Markala (in the fourth administrative region of Mali).

The women met through family ties, marriage and friendships, and they are all members of the same traditional association, "Traoré Ton", from which they have taken the name of their current association. They all have the same business activity: buying and selling fish in various forms (fried, dried, smoked, fresh etc.). The Nyetaa Group is on its fifth group loan, having paid back the four previous loans with no problems.

This new loan will allow them to purchase 40 baskets of fresh fish and 12 blocks of ice. They stock up on fresh fish locally, on the banks of the Niger River. A good portion of this fish is dried, either on stones, straw or "seccos". The rest is sold in different ways: the fresh fish is sold locally in Kirango and Diamarabougou Markala; the fresh fish conserved on ice is sold in Ségou (at the castle market) and Bamako; the dried fish, some of which is kept until the waters recede when it is worth more, is mostly sold in Dougabougou, Siribala, Niono, Shango, Boussin and at the weekly fair in Ségou; the smoked fish is mainly sold in Ségou. The sales are generally transacted in cash to a clientele made up of both men and women, and are carried out locally beside the river, in the Kirango or Diamarabougou (Markala) markets or door-to-door in village.

The women expect to make an average monthly profit of 52,800 FCFA, which will allow them to take care of some small family needs and to participate in social events.

Their ambition is to save enough money to buy their children a plot of land on which to raise animals.

In this group: Awa , Fatoumata , Korotoumou , Nana
*not pictured

Translated from French by Kiva volunteer



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